Vodafone to launch NFC-enabled payments across Europe

Vodafone will allow customers to sync their bank cards to their Vodafone Wallet and use smartphones to pay for goods and services at contactless terminals, following a deal with Visa and Carta Worldwide.

Bank card payments via Vodafone Wallet will go live in European markets from the second quarter of 2015 onwards.

Mark Ritzmann, Head of mCommerce at Vodafone Group said: “The digital wallet just took another step forward.”

“With a few clicks, customers will be able to add payment cards to their Vodafone Wallet and use Android smartphones to pay at contactless terminals,” he added. “Thanks to our agreements with Visa and Carta Worldwide, using bank cards stored on Vodafone Wallet is fast, secure and simple.”

The new service will require a Vodafone NFC SIM.

In order to use it, customers must input their bank cards to the Vodafone Wallet app, where an alias of each card is stored securely in the Vodafone NFC SIM. After confirming ownership of the card using Verified by Visa authentication, they can pay by tapping their phones against a contactless point-of-sale terminal. Users will also be able to check their mobile payment transaction history using their phones, wherever they are.

The second of a series of surveys carried out by Ixaris reveals that embedded systems, attitudes and relationships together with risk awareness, limited resources and concern about the scalability of new solutions are some of the factors causing treasurers to remain reliant on their banks to introduce them to new innovations.

Most Popular

The Emerging Payments Awards ceremony celebrated its 10th year in 2017 last night by bringing together industry leaders and over 650 payments professionals for a night dedicated to recognising the ecosystem’s best.